Oct 28, 2022 08:00 AM

Sinotrans Limited’s Net Profit Rose 15.6% in First Three Quarters of 2022

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Sinotrans Limited (中国外运股份有限公司) (601598.SH) reported a net profit of 3.7 billion yuan in the first three quarters of 2022, up 15.6% year-on-year.

Meanwhile, the company posted 80.4 billion yuan in revenue, down 17.8% year-on-year.

At the end of the reporting period, it had 82.3 billion yuan in total assets and 45.8 billion yuan in total liabilities, with a liability-to-asset ratio of 55.6%.

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